Transactionalknow-how and regulatory expertise isanother hallmark of Linklaters’ offering in Warsaw.
Recent transactions include advising:
PESA Bydgoszcz, the largest Polish rolling stock manufacturer, on the signing of an investment agreement with the Polish Development Fund (PFR). Under this agreement, a fund managed by PFR will take over nearly 100% of the company's shares and will invest PLN 300m into its operations
SDIC Zhonglu Fruit Juice, a company listed on the Shanghai Stock Exchange and part of the Chinese SDIC State Development & Investment Corporation, the largest Chinese state-owned investment holding company, on the acquisition of Polish juice producer Appol Group from its Polish shareholders, marking SDIC’s first investment in the Polish FMCG sector
PZU, the largest insurance company in the CEE region, on the acquisition of Bank BPH by the PZU-controlled Alior Bank from GE Capital Group, including a public tender offer by Alior Bank for the shares of Bank BPH listed on the Warsaw Stock Exchange as well as the demerger of Bank BPH
Niam, a Swedish real estate investment fund, on the financing of the acquisition of an office portfolio from Skanska, consisting of the Green2Day office building in Wrocław, Nowa Fabryczna office building in Łódź and the first two buildings of the High5ive complex in Krakow
PKO BP, the largest Polish bank, on a margin lending facility to the Polish Development Fund (PFR), the Polish sovereign fund, in connection with its acquisition (together with PZU) of a controlling stake in Bank Pekao SA
Chariot Top Group, a company represented by Griffin Real Estate, on a €1bn acquisition of a portfolio of 28 retail assets including nine M1 shopping centres in Poland, from funds managed by Ares Management, AXA Investment Managers - Real Assets and Apollo Rida, including the subsequent re-sale of part of the portfolio to EPP valued at €700m and reported as one of the largest ever real estate portfolio transactions in Poland
Centerbridge Partners Europe on its joint venture with the Goldman Sachs Group and funds managed by Goldman established to acquire Robyg, a Polish public real estate company listed on the Warsaw Stock Exchange
Echo Investment, Poland’s largest developer, on the €273m disposal of the Q22 skyscraper in Warsaw to Invesco Real Estate, a global investment firm
PL Holdings, a subsidiary of Abris Capital Partners, on investment arbitration proceedings initiated by PL Holdings against the Republic of Poland at the Arbitration Institute of the Stockholm Chamber of Commerce concerning the uncompensated expropriation of our client’s 99,6% shares in Polish bank FM Bank PBP. The proceedings were initiated as a result of the violation of the Luxembourg-Poland bilateral investment treaty (BIT
GetBack as the injured party in a criminal investigation conducted by the Regional Prosecutor’s Office in Warsaw, and as a subject of a regulatory investigation led by the Polish Financial Supervisory Authority (KNF) concerning multiple fraudulent activities of the former management board, and senior officers of the company – which led to its insolvency
Orange Polska, a leading Polish telecommunications services provider, in a precedent-setting case involving a lawsuit brought by P4 against Orange Polska, T-Mobile Polska and Polkomtel for compensation in connection with accusations made against Orange Polska, T-Mobile Polska and Polkomtel of abuse of their collective dominant position
Scripps Networks Interactive, a leading U.S. developer of lifestyle-content in the home, food and travel categories for television and the Internet and owner of TVN, the largest Polish commercial TV broadcaster, on merger control aspects of its sale to Discovery Communications, Inc. As a result of the proceedings, the European Commission issued a precedent decision giving clearance for the acquisition on the behavioural condition of the introduction of a price controlling licensing remedy, covering TVN's two Polish news channels
Linklaters operates in Poland through a local partnership under the name Linklaters C. Wiśniewski i Wspólnicy Spółka Komandytowa, which is affiliated to Linklaters LLP.